The labor relations term for a written clause in a labor agreement that adjusts wages periodically in accordance with some predetermined formula tied to the rise in consumer prices is:

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The term described is a cost-of-living adjustment or COLA clause. This type of clause is used to help employees keep pace with inflation and rising consumer prices by adjusting their wages accordingly. Wage re-opener (A) refers to a clause that allows either party to reopen negotiations on wages or benefits during the term of the agreement. Lump sum pay adjustments (C) are one-time payments made to employees outside of their normal wages. Wage spread (D) refers to the difference in wages between the highest and lowest paid workers in a company. Spillover effect (E) refers to the impact of a wage increase in one industry on wages and working conditions in another industry.

The Labor Relations Term for a Written Clause in a Labor